NOT LISTED FOR SALE

1218 W Olive Ave Burbank, CA 91506

Rancho Adjacent Neighborhood
-- Bed
-- Bath
2,902 Sq Ft
0.26 Acres

About This Home

This home is located at 1218 W Olive Ave, Burbank, CA 91506. 1218 W Olive Ave is a home located in Los Angeles County with nearby schools including Walt Disney Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2015
Sold by
Faisal Fawaz
Bought by
Faisal Fawaz and Fawaz Faisal Trust

Purchase Details

Closed on
Sep 4, 2014
Sold by
Aljundhi Ghina
Bought by
Faisal Fawaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2011
Sold by
Aljundhi Ghina
Bought by
Faisal Fawaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2011
Sold by
Kay Lay and Lay Kay Family Trust
Bought by
Faisal Fawaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2003
Sold by
Kay Lay K
Bought by
Kay Lay and Lay Kay Family Trust

Purchase Details

Closed on
Sep 20, 2001
Sold by
Kay Lay and The Lay Kay Family Trust
Bought by
Kay Lay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1999
Sold by
Kay Lay K
Bought by
Kay Lay and Lay Kay Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faisal Fawaz -- None Available
Faisal Fawaz -- Stewart Title Of Ca Inc
Faisal Fawaz -- Stewart Title
Faisal Fawaz $1,000,010 Stewart Title
Kay Lay -- --
Kay Lay K -- Chicago Title Co
Kay Lay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faisal Fawaz $1,000,000
Closed Faisal Fawn $615,000
Closed Faisal Fawaz $150,000
Closed Faisal Fawaz $700,000
Previous Owner Faisal Fawaz $700,000
Previous Owner Kay Lay K $380,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,356 $1,281,165 $768,700 $512,465
2024 $14,356 $1,256,045 $753,628 $502,417
2023 $14,206 $1,231,417 $738,851 $492,566
2022 $13,572 $1,207,272 $724,364 $482,908
2021 $13,517 $1,183,601 $710,161 $473,440
2019 $12,978 $1,148,498 $689,099 $459,399
2018 $12,713 $1,125,980 $675,588 $450,392
2016 $12,074 $1,082,258 $649,355 $432,903
2015 $11,830 $1,066,003 $639,602 $426,401
2014 $11,803 $1,045,123 $627,074 $418,049
Source: Public Records

Map

California Los Angeles County Burbank 91506 Rancho Adjacent

1218 W Olive Ave, Burbank, CA

This home is located at 1218 W Olive Ave, Burbank, CA 91506. 1218 W Olive Ave is a home located in Los Angeles County with nearby schools including Walt Disney Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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